PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1460122
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1460122
Hacksaw Blades Market Size - By Mechanism, By Blade Type, By Blade Material, Teeth per Inch, Price, Blade Length & Forecast, 2024 - 2032
Hacksaw Blades Market size is poised to expand at more than 4.1% CAGR from 2024 to 2032 driven by rising advancements in blade technology.
Innovations in hacksaw blade materials, such as high-speed steel (HSS), bi-metal, and carbide-tipped blades are offering superior cutting performance, durability, and resistance to wear. Advanced blades enable faster cutting speeds, increased precision, and longer blade life, emerging ideal for demanding industrial and professional applications. Additionally, the development of specialized coatings, such as titanium nitride (TiN) and diamond coatings is further enhancing the cutting efficiency and extending the lifespan of these blades.
Furthermore, with industries seeking tools to improve productivity and reduce downtime, several industry players are focusing on the development of high-performance hacksaw blades with cutting-edge technology, further augmenting the industry outlook. For instance, in 2022, Pilana Metal upgraded its handy hacksaw in the shape of a rounded handle with superior grip and an improved locking mechanism.
The overall industry is segmented into the blade material, mechanism, blade length, blade type, teeth per inch, price, distribution channel, application, and region.
Based on mechanism, the electric hacksaw blades market is projected to record 4.2% CAGR from 2024- 2032 owing to their increasing demand to offer enhanced cutting efficiency, precision, and speed compared to traditional manual hacksaws. Electric-powered blades are ideal for cutting various materials, such as metal, plastic, and wood in industrial and DIY applications. Ease of use, reduced operator fatigue, and increased productivity are contributing to the rising product popularity among professionals and hobbyists. Additionally, industries are prioritizing efficiency and accuracy in cutting operations, further propelling the segment growth.
In terms of application, the hacksaw blades market from the commercial segment generated considerable revenue in 2023 and is estimated to witness 4.3% CAGR between 2024 and 2032. Commercial settings, such as construction sites, workshops, and manufacturing facilities rely on hacksaw blades for a wide range of cutting tasks. From metal fabrication, carpentry, plumbing and electrical work, hacksaw blades have emerged as indispensable tools for professionals. Moreover, durability, versatility, and precision cutting capabilities of hacksaw blades make them essential for commercial operations, further contributing to the segment growth.
Given the regional landscape, the North America hacksaw blades industry is set to exhibit 4.4% CAGR between 2024 and 2032. The booming construction, manufacturing, and automotive sectors are demanding high-quality cutting tools for various applications. Ongoing expansion of economies and the surging infrastructural development projects are driving the need for hacksaw blades in construction sites, workshops, and factories. Additionally, the rise of small-scale manufacturing units and DIY enthusiasts will boost the adoption for hacksaw blades in the region.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast parameters
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360 degree synopsis, 2018 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Technology & innovation landscape
- 3.3 Key news and initiatives
- 3.4 Regulatory landscape
- 3.5 Impact forces
- 3.5.1 Growth drivers
- 3.5.1.1 Industrial expansions and construction activities
- 3.5.1.2 Increasing preference for wooden furniture
- 3.5.1.3 Rise in DIY and home improvement trends
- 3.5.2 Industry pitfalls & challenges
- 3.5.2.1 Increasing usage of laser cutting and water welding technologies
- 3.5.2.2 Automation in manufacturing
- 3.5.1 Growth drivers
- 3.6 Consumer buying behavior analysis
- 3.7 Growth potential analysis
- 3.8 Porter's analysis
- 3.8.1 Supplier power
- 3.8.2 Buyer power
- 3.8.3 Threat of new entrants
- 3.8.4 Threat of substitutes
- 3.8.5 Industry rivalry
- 3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Mechanism, 2018 - 2032, (USD Billion) (Thousand Units)
- 5.1 Key trends
- 5.2 Manual
- 5.3 Electric
Chapter 6 Market Estimates & Forecast, By Blade Type, 2018 - 2032, (USD Billion) (Thousand Units)
- 6.1 Key trends
- 6.2 Regular hacksaw blade
- 6.3 Raker hacksaw blade
- 6.4 Wavy hacksaw blade
Chapter 7 Market Estimates & Forecast, By Blade Material, 2018 - 2032, (USD Billion) (Thousand Units)
- 7.1 Key trends
- 7.2 High speed steel
- 7.3 Bimetal
- 7.4 Tungsten steel
- 7.5 Alloy steel
- 7.6 Others
Chapter 8 Market Estimates & Forecast, By Blade Length, 2018 - 2032, (USD Billion) (Thousand Units)
- 8.1 Key trends
- 8.2 Small (< 6")
- 8.3 Medium (6 - 12")
- 8.4 High (Over 12")
Chapter 9 Market Estimates & Forecast, By Teeth Per Inch, 2018 - 2032, (USD Billion) (Thousand Units)
- 9.1 Key trends
- 9.2 14 TPI
- 9.3 18 TPI
- 9.4 24 TPI
- 9.5 32 TPI
Chapter 10 Market Estimates & Forecast, By Price, 2018 - 2032, (USD Billion) (Thousand Units)
- 10.1 Key trends
- 10.2 Low
- 10.3 Medium
- 10.4 High
Chapter 11 Market Estimates & Forecast, By Application, 2018 - 2032, (USD Billion) (Thousand Units)
- 11.1 Key trends
- 11.2 Residential
- 11.3 Commercial
- 11.4 Industrial
Chapter 12 Market Estimates & Forecast, By Distribution Channel, 2018 - 2032, (USD Billion) (Thousand Units)
- 12.1 Key trends
- 12.2 Online channel
- 12.3 Offline channel
Chapter 13 Market Estimates & Forecast, By Region, 2018 - 2032, (USD Billion) (Thousand Units)
- 13.1 Key trends
- 13.2 North America
- 13.2.1 U.S.
- 13.2.2 Canada
- 13.3 Europe
- 13.3.1 Germany
- 13.3.2 UK
- 13.3.3 France
- 13.3.4 Italy
- 13.3.5 Spain
- 13.3.6 Rest of Europe
- 13.4 Asia Pacific
- 13.4.1 China
- 13.4.2 India
- 13.4.3 Japan
- 13.4.4 South Korea
- 13.4.5 Australia
- 13.4.6 Malaysia
- 13.4.7 Indonesia
- 13.4.8 Rest of Asia Pacific
- 13.5 Latin America
- 13.5.1 Brazil
- 13.5.2 Mexico
- 13.5.3 Rest of Latin America
- 13.6 MEA
- 13.6.1 Saudi Arabia
- 13.6.2 UAE
- 13.6.3 South Africa
- 13.6.4 Rest of MEA
Chapter 14 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)
- 14.1 Apex Tool Group LLC
- 14.2 Bipico Industries Pvt. Ltd.
- 14.3 Black Hawk Industries
- 14.4 CooperTools
- 14.5 Dewalt
- 14.6 Disston
- 14.7 Fein
- 14.8 Klein Tools
- 14.9 Lenox
- 14.10 Robert Bosch GmbH
- 14.11 Snap-on Tools Company LLC
- 14.12 Stanley
- 14.13 Starret
- 14.14 Techtronic Industries Co., Ltd.
- 14.15 TTI Group
